Civic Intelligence

Best of Brooklyn Inc

EIN 04-3699700 • 501(c)3 • Brooklyn, NY

Profile

mission is to enhance the cultural and business environment of the borough of brooklyn

471 18th StreetBrooklyn, NY 11215

bestofbrooklyn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-15424%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

20th percentile

-49%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$44,016

Down $41,787 (-49%) from 2016

Liabilities

Down

$0

Down $37,931 (-100%) from 2016

Net Assets

Down

$44,016

Down $3,856 (-8.1%) from 2016

Operations
Liabilities / Revenue62nd percentileNet Margin1st percentile

Revenue

Down

$25

Down $2,679 (-99%) from 2016

Expenses

Down

$3,881

Down $2,649 (-41%) from 2016

Net Income

Down

-$3,856

Down $30 (-0.8%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $514,592Liabilities 2011: $25,662Net Assets 2011: $488,9302011Assets 2012: $510,708Liabilities 2012: $12,842Net Assets 2012: $497,8662012Assets 2013: $508,908Liabilities 2013: $16,361Net Assets 2013: $492,5472013Assets 2014: $317,187Liabilities 2014: $260,293Net Assets 2014: $56,8942014Assets 2015: $90,735Liabilities 2015: $39,037Net Assets 2015: $51,6982015Assets 2016: $85,803Liabilities 2016: $37,931Net Assets 2016: $47,8722016Assets 2017: $44,016Liabilities 2017: $0Net Assets 2017: $44,0162017

Highlighted filing

2017

Assets$44,016
Liabilities$0
Net Assets$44,016
Open 2017 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $675,130Expenses 2011: $669,123Net Income 2011: $6,0072011Expenses 2012: $586,5322012Revenue 2013: $1,205,399Expenses 2013: $1,210,718Net Income 2013: -$5,3192013Revenue 2014: $373,985Expenses 2014: $809,638Net Income 2014: -$435,6532014Revenue 2015: $35,085Expenses 2015: $40,281Net Income 2015: -$5,1962015Revenue 2016: $2,704Expenses 2016: $6,530Net Income 2016: -$3,8262016Revenue 2017: $25Expenses 2017: $3,881Net Income 2017: -$3,8562017

Highlighted filing

2017

Revenue$25
Expenses$3,881
Net Income-$3,856
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,016
Liabilities
$0
Net assets
$44,016
Revenue
$25
Expenses
$3,881
Net income
-$3,856
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.00$0.00$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.04$0.05$0.00$0.01$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.05$0.04$0.04$0.01
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.32$0.26$0.06$0.37$0.81$0.44
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.02$0.49$1.21$1.21$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.01$0.50$0.59
2011Summary only. Only limited summary data is available for this year.$0.51$0.03$0.49$0.68$0.67$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$25
Mission and Program Overview

Mission

mission is to enhance the cultural and business environment of the borough of brooklyn

Program Services

DescriptionGrantsExpenses
EVENTS & PRESENTATIONS: SPONSORSHIP OF FESTIVALS, CELEBRATIONS, CONCERTS & OTHER EVENTS THROUGHOUT THE BROOKLYN COMMUNITY. THE ORGANIZATION HAS BEEN INACTIVE THIS FISCAL YEAR.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rosemary GrahamTrustee-$0--
Jason A OtanoPresident-$0--
Joyce SeddioTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Best of Brooklyn Inc
EIN
04-3699700
Phone
7188570009
Address
471 18th Street, Brooklyn, NY 11215

Signing Officer

Name
Jason Ortano
Title
Trustee
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Loewenwarter & Co LLP
Address
200 Old Country Road Suite 274, Mineola, NY 11501
Preparer
Joel Quirk
Phone
5167399777
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $648”

Other Expenses.1012

“Insurance $585”

Other Expenses.1

“Storage fees $2648”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $585 Prepaid Expenses and Deferred Charges - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $37931 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix138 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jason Ortano
IRS990EZ/BooksInCareOfDetail/PhoneNum07188023803
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0471 18th Street Apt 3D
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011215
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt085218
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044016
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3856
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt085803
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044016
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt025
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt025
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt047872
IRS990EZ/NetAssetsOrFundBalancesEOYAmt044016
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt047872
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt044016
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rosemary Graham
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jason A Otano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Joyce Seddio
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0585
IRS990EZ/OtherExpensesTotalAmt03881
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0mission is to enhance the cultural and business environment of the borough of brooklyn
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EVENTS & PRESENTATIONS: SPONSORSHIP OF FESTIVALS, CELEBRATIONS, CONCERTS & OTHER EVENTS THROUGHOUT THE BROOKLYN COMMUNITY. THE ORGANIZATION HAS BEEN INACTIVE THIS FISCAL YEAR.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt037931
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03881
IRS990EZ/TotalRevenueAmt025
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0bestofbrooklyn.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0265280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01093392
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01396372
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0315
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0606
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01035
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99930
IRS990ScheduleA/PublicSupportPY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt01396372
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt035040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0265280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01093392
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01396372
IRS990ScheduleA/TotalSupportAmt01397407
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Storage fees $2648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Prepaid Expenses and Deferred Charges - Beginning $585 Prepaid Expenses and Deferred Charges - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts Payable and Accrued Expenses - Beginning $37931 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1001
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jason Ortano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Best of Brooklyn Inc
ReturnHeader/Filer/BusinessNameControlTxt0BEST
ReturnHeader/Filer/EIN0043699700
ReturnHeader/Filer/PhoneNum07188570009
ReturnHeader/Filer/USAddress/AddressLine1Txt0471 18th Street
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011215
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Loewenwarter & Co LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 Old Country Road Suite 274
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mineola
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011501
ReturnHeader/PreparerPersonGrp/PhoneNum05167399777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joel Quirk
ReturnHeader/ReturnTs02018-05-15T09:55:20-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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